Paramount has noted it will be 49.5%-owned by non-U.S. investors after completing a planned merger with Warner Bros. Discovery. The stat came to light in a request Monday by Paramount for approval of the foreign ownership stake by the Federal Communications Commission.

In the filing, Paramount Global said that following the completion of the merger with Warner Bros. Discovery, which has been approved by the FCC and shareholders, the combined company would be 49.5% owned by foreign companies and that Middle Eastern investors would hold 38.5% of the company’s equity.

Warner Bros. Discovery (NASDAQ:WBD) stockholders voted to approve the company’s proposed merger agreement with Paramount Skydance Corporation at a special meeting held virtually, while rejecting an advisory proposal related to merger-linked executive compensation,

The two companies formally signed a merger agreement in February, which will see Paramount acquire Warner Bros at $31 per share of the company, along with solutions to WBD's debt financing costs.

Warner Bros. Discovery CEO David Zaslav’s compensation tied to the company’s pending merger with Paramount was rejected by an eye-opening 82% of shareholders, the company said Thursday. Earlier in the day,

Overseas investment will give the combined company ‘greater access to capital,’ per a new filing with the FCC. Billionaire Larry Ellison isn’t the only one financially backing the Paramount Skydance takeover of Warner Bros.